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of the regulatory environment, this so-called systemically important financial institutions, too big to fail. you are part of one of those. the fed came out with new capital buffers. jpmorgan and citigroup seem to be -- they are at the top of the list in internships of the buffers, the amount of capital that you are supposed to hold. you have to hold a 2.5% buffer while most other banks have a 1.5% buffer. every time we talk about jpmorgan, people say the fortress balance sheet. you're the strongest bank out there. why is it you have to have a 2.5% buffer when everyone else has a 1.5% buffer? >> anywhere from 0 to 2.5. banks are all different levels. i believe in capital. i believe in liquidity. i think our balance sheet is a fortress balance sheet right now. i never said we actually need the capital. regulators and politicians deemed that has to be necessary. it is what it is at this point. the way it gets calculated is peculiar. if you dig in the calculation, i don't agree with with the way they do that either. it actually penalizes successful companies. it penalizes trade finance. it penalizes
environment sxrshgs from now on they got to wear them. the trouble is that's apparently bad for business. porn does not sell so well when the actors, how shall i say, put up a wall, and now that industry that brings 10,000 jobs to l.a. county and generates millions in tax revenue says that it may be looking for another state in which to set up shop. the l.a. times has been covering this story for years, and i'm joined by ron lynn who is one of their reporters who has been on this story. while this is fun to report on, it's also extraordinarily serious for the economy of this community and are they serious when they say change this or we're out? >> that's what they say. they say that they will not -- if l.a. county doesn't enforce this rule, they wi-- does enfor they will leave the county and perhaps the state. >> is that something that will cripple the county and have a huge impact on the state, or will they be able to recover somehow? >> you know, it's hard to say. the industry has said that it has a major role to play. it does have a major part in the san fernando valley. there's a big quest
and boss. you're going to make an uncomfortable work environment for the other employees, and that is in violation -- >> very, very -- quickly, when leno went off the air, the most beautiful moment he said, here's my tribute and they opened up the curtain to all the families that met on his show and children were born out of it. so there's something wonderful. >> what's the line between flirting and going to sexual harassment? >> well, depends what your intention is. if you flirt enough, you can get a rabbit to hug a hen. the question is, what are you trying to do? if you're doing it for a purpose to come together, then okay, you get what you go after. but don't pretend you're doing one thing if you're doing something else. if you're going after a relationship with that person, then you're flirting with a purpose, okay. but own it. don't pretend you're not. and if somebody says, no, that's the harassment part, somebody says no, it's no. >> or if it makes the person who sits across from the person uncomfortable. >> none of their business. >> i'm supposed to work in an envi
or anything but we all know him and he was worried about the regulatory environment that we're going to see in the future, and his thought was that with the people that would be put in place, like-minded people put in place over the next four years it will take 25 before it's gone. i go well we'll both be dead by then. i hope not, but in all likelihood before this reverses, then i went to the liquor cabinet again, and anyway. could it be 25 years before we reverse some of the regulatory? >> i haven't thought out that far but -- >> you're still young. you might be alive. >> perhaps. >> dodd-frank only a third of the rules for dodd-frank have been implemented. >> talk about which ones are coming back. >> we've only just begun. >> which is why the financials sold off yesterday. >>> if you have comments, questions, anything you see on squawk, shoot us an e-mail squawk@cnbc.com, and follow us on twitter. >>> power in the nation, which companies are best equipped to keep your lights on? >>> later, athenahealth jonathan bush, the younger cousin -- anyway, we'll talk about the election results and
" cramer gave you ideas for keeping your portfolio airborne in this environment. what sky high advice is he about to give right now? jim's mad dash is coming up next and romney for president policy adviser lanhee chen. take a look at futures as we start into the open bouncing off three month lows. "squawk on the street" continues right after this. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >> jim and his mad dash talking. this week is a watershed week for nat gas in general. >> cold in new york. 28 degrees. that often can burn off the inventory. clean energy fuels had them on last night. why focus on this? they have a clear growth path to build out stations. lloyd blankfein said in his editorial that key thing for growth in our country is energy. abundant energy. i thought we should look at clean energy that would benefit. markwest, this is a company that has a price above where they d
in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in drilling and natural gas space. >> weatherford this morning off 12% at 3.5 year low. the company warning that fourth quarter is going to come in for earnings below consensus on that number. and they also said that they still have not been able to resolve what they call material weakness in internal controls over financial reporting. they actually didn't break out their third quarter numbers. stock getting hit hard on a day when energy is already to the downside. >> motor trend magazine naming tesla's sedan the car of the year. will the model live up to the hype? we'll find out when tesla ceo elon musk joins us. >> just seven short weeks left to hopefully do a deal on the fiscal c
this on the eve of an election. again, i'm obviously not positing some huge conspiracy. in our environment, in our hyperpartisan environment, most people in a situation like this seeing any possibility for political advantage would have raced to expose something like this, right? general petraeus was confronted about this two weeks ago, right? two weeks before the election. chose -- ultimately decided to resign but didn't decide to resign at that moment. was there part of the reason he did not decide to resign immediately upon being confronted on this, he knew it would be embarrassing for the administration on the eve of an election? that's a reasonable inference. there's so much we don't know because so many people individually have not spoken publicly about the chain of events and their motivations in terms of keeping quiet at a moment of maximum political volatility. >> just to clarify because i've raised a lot of questions here, my biggest concern isn't what happened at the end. i understand there are a lot of conservatives that are going to be thinking that this was -- >> cover-up. >> benghaz
should be positioning your portfolio in this environment of uncertainty. he manages more than $14 billion for westfield capital. and will, i know you've got interesting thoughts about what's working right now and what people should be doing. which is great, we hear from a lot of people who freeze up at this point, keep things in cash. but you're looking specifically at stocks that might benefit from things like an improvement in the housing industry, which is something we heard yesterday from home depot. >> yeah, exactly. i think the one big difference with the debt ceiling negotiation, for example, the republicans had an incentive to make the current administration look bad because they're trying to win an election, right? well, now with the election over, i think there's an incentive for them not to obstruct. and so i do think something will get done. it'll most likely be a minor deal to buy some time and maybe we get a major deal in 2013. but at the end of the day, i think there'll be some fiscal drag in the first half of '13. rather than sitting cash where you get zero, what can you d
. as a military officer you have got make decisions in imperfect information environments but it certainly prepares you for trying to put together a business. >> when starting a business in a small economy, it's important to be as lean as possible because every dollar is needed. we recouped our initial equity in 30 days of sales. now in the past 12 months we have grown 1,000 percent. >> to the westpoint cadets who are watching today and the young men and women, the training you will receive in the united states military will prepare you for any number of challenges that will come your way in life. draw such energy from the young kids who are learning and have a desire to serve. it just reminds you that the fabric of america is still very strong both in our military and our business life. the american dream is very real and we will pursue it. >> and now it is time for the lightning round. when you play to this sound and then the lightning round is over rchl you ready ski daddy? time for the lightning round. go ahead, sir. >> so babiators, we would love to hear your thoughts on in order stro
not to destroy the world's environment, which they will do if other things being equal. and so we want to work with them on avoiding environmental just destruction. we want them to continue bringing people from rural poverty to sort of urban working classness, which is what they've been doing. we want them to grow up in both international and domestic ways. grow up internationally in having a foreign policy that's not just whatever's good for them commercially, which is what their foreign policy is now. and to say, "okay, you have to play a role in iran and syria or whatever, being responsible." domestically, we want them to gain confidence so they don't have to have their foot on their people's neck. most of the time in china you don't know the government's around. just kind of a sort of state of chaos -- >> really? >> and, yeah. >> i mean, not like russia, the soviet union -- >> oh, it's -- >> not that blanket -- >> entirely different. it's most of the time the areas the government cares about, the internet, democratic protest or whatever, taiwan, tibet, they're all over. when it doesn't inv
. and in these kinds of environments where we see few details often those are the best deals. it's when everyone has confidence and equity markets are up and everyone is feeling great that they do stupid things. >> right. there you go. >> let's check in with bob pisani here on the floor with more of what's moving this morning. >> boy, did i hear dumb talk over the weekend about going over the fiscal cliff. i guess you were going to hear it. go ahead. let them go over the fiscal cliff. who cares. i heard this even from some people whose opinions i respect. well known economists and columnists. good heavens. did anybody look at what happened last time we were talking about this? the fiscal cliff is a wake-up call to politicians. august 2011, we were all here sitting on this floor when they couldn't agree on simple ability to raise the debt ceiling and they downgraded the debt. remember what happened? the s&p dropped 7% that week on the monday after it dropped another 7%. the vix went to 50 for a long time it stayed there. it ruined it the entire summer. almost the entire year of gains for virtually ev
practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. soothes you to sleep with ingredients like melatonin. it's safe with no side effects, so you wake up... ready to go. [ male announcer ] unisom natural nights. >>> despite the opposition's new coalition, syria's bloody civil war rages on, you can hear it there. as many as 48 people killed today. 41 in damascus area alone. the syrian government is also slamming the rebels' attempt to unite threatening any effort to topple president bashar al assad will be futile. >>> giving outsiders never before seen look into their country, they are expressing their pain and their hope through paintings. in the midst of a civil war that has taken lives of 35,000 people in 20 months. mohammed jamjoom report oorns o art of war. >> reporter: pain inspired these paintings. here's person who wants to kill another person, says this artist. and here's a person who wants to defend this person from being killed. conflict infuses these canvases, namely brutal civil war raging in his ho
'll see lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. stuart: the news background to today, number one story, not necessarily in terms of importance but china on this the very day when the new number one takes over there. his name is xipang. impressive numbers china expanding again. item two, greece. they want more money, yep, they want more and they want more time to pay back the already enormous debt. riots continue. seconds from the opening bell. right now esee features will be down green. this market is opening lower again. we're down 434
thing and this kind of economic dismal environment. and then there are democrats who say, you've got to raise taxes or we're not going to ever be able to close the gap. you can't close the gap with taxes. you have to close the gap with spending reform, tax reform. you have to look at the whole system. we cannot keep spending like there was no tomorrow. >> we're going to keep talking about this throughout the morning. and christine is knee deep in fiscal cliff, so she'll be sticking around as well and john too. thank you for talking with us. we love having you this morning. we'll take a short back and are back in just a moment. >>> welcome back, everybody, you're watching "starting point," along with senator kay bailey hutchison from texas. who's sticking around. and we also have richard socarides. >> did you write that convention speech? >> i did and i'm not getting enough credit. >> ryan linza is with us as well, he's a washington correspondent for the new yorker. a little warning, i'm having trouble speaking today. it must be all the lack of sleep, but i'll plow through anyway. ele
to create a more harsh environment in which to describe the restaurant and to create this kind of aura of negativity around the experience he had at guy saveri's restaurant. >> people didn't care for the negativity, taking to his facebook page telling the chef to ignore all those critics of new york. >> just another pompous new yorker. i didn't agree with it. >> what tha last guy said, he really loved the pretzel chicken tenders. he's been here four times, and each time he wanted to celebrate good american food. in the end, it was one word, a sarcastic thanks. savannah? >> all right, katy, thank you to you. guy is here exclusive. you flew on the red eye to be here. what was your reaction when you read this review? it must have felt like a punch in the gut. >> punch in the gut? i just thought it was ridiculous. i mean, i've read reviews. there's good and bad in the restaurant business, but that to me went so overboard, it really seemed like there was another agenda. >> so you have a problem not just with what it said but with its tone? >> the tone, the sarcasm, the question style. i mea
skill as a word smith to create a more harsh environment in which to describe the restaurant and to create this kind of aura of negativity around the experience that he had at guy fieri's restaurant. >> reporter: supporters by the dozens didn't care for the negativity taking to the facebook page telling the chef to ignore all those critics in new york. >> it's just another pompous new yorker, i don't know. i don't know. i didn't agree with it. >> reporter: for what it's worth, that last guy said he really loved the awesome pretzel chicken tenders. the times is defending the review saying he was here four times and each time he wasn't able to celebrate good american food. the only non-question in the review was at the very end, one word, a sarcastic thanks. >> thank you to you. and guy fieri is here with us now exclusively. you flew here all night on the red eye to be here. what was your reaction when you read this review? it must have felt like a punch in the gut. >> i -- punch in the gut. i just thought it was ridiculous. i mean, i read reviews. you know, there's good and ba
money in this uncertain environment? >> bill, thanks for having me. we're going long and short various sovereign debt and currency instruments. given the election on tuesday, the fact we know the fed is going to be on hold for forever, the dollar is going to weaken. i think there's lots of non-dollar stocks that are attra attractive. >> all right, gentlemen. thank you. >> want to get to bertha coombs with breaking news. she's at the flash desk. >> we've been watching the stocks here. take a look. we've got a recall on nestle. it's recalling its chocolate saying one of the elements that goes into it has been exposed to salmonella. they're voluntarily recalling a number of sizes. you may want to check the label and check with your store. >> wow. hasn't affected the stock yet. >> not yet. chocolate milk very popular. >> yes, it is. thanks, bertha. >> 15 minutes before the closing bell sounds. we're worsening as we speak. down 82 points on the industrial average. >> banks have been one of the few bright spots on wall street today after a massive selloff on wednesday. what's behind that? we
, the environment is never going to be better than it is today. let's go ahead and deal with this issue, put this issue largely in the rear view mirror, and let's focus on the greatness of this nation. >> all right. republican senator bob corker of tennessee. many thanks for your time. great to talk with you. >> thank you. >>> next up, a democrat who's a member of the budget committee will join me. what kind of a deal would he make with the gop to avoid the fiscal cliff? begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbr
in the current economic environment it may be a good policy to encourage more capital investmentment we need to discuss whether we want to have a corporate income tax and how we want to make it work. secondly, obama gave all of these tax cuts to small business. under the guise of being stimulus that the republicans wanted. taxes are antistimulus, they're savings. but the voted for these. the best indication is this. during the savings and loan crisis 20 years ago, 3,000 felony convictions, a thousand of them insiders -- the he'd savings and loans, they went to prison. how many prosecutions have we seen in the crisis that led to the meltdown in 2008? that's right. and the statute of limitations is rapidly running out, and that's absolutely incredible. neither side says, we're going to go after these people who lied, cheated and stealed, falsified documents. if you read the financial crisis inquiry commission report, which congress only gave about $10 million to monica lewinski in today's dollar is lice -- gave $10 million to, no one has been able to poke a hole in that report and when it came
and the environment. we're america's natural gas. >>> our second story outfront, 50 days until we fall off the fiscal cliff, unless washington acts. both parties claim to be optimistic about a deal to avert the end of the year combination of an end of the year increase in tax rates and slash in spending. how exactly, now, we know there are a lot of meetings scheduled. tomorrow, with the labor community. wednesday, the business community and friday, there's a meeting with harry reid, mitch mcconnell, house speaker john boehner and minority leader nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. who along with alan simpson created the simpson-bowles plan on deficit reduction. i have to start by asking you, did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the on
a minute, we're talking about higher taxes. we're talking about a high regulatory environment. who the heck knows what happens over the near term on the fiscal cliff. is it more prudent to stay on the sidelines? you want to look for specific situations? >> let's assume they're in. they're not traders. we're an advisory conference. they're in the market. i think to sell here, to just get nervous, panic, see what's on the news and to throw it in is not prudent. we're coming into thanksgiving. you have good seasonality. i think we get a lift. when we get a lift, if you are this person who says i need to take some risk off the table, that's when you do it. so if you're looking to go into 2013 and you are uncertain, as i am, i think we have a lot fourth go down. so if you're a trader, i think you can trade this to the up side. if you're a longer term investor, you get a pop, you take some off the table and you re-evaluate like in six months. >> that's the strategy. wait for a gain so you're not selling out at the bottom here. >> i think selling in the red today is not prudent. >> okay. dan, let
says much of the money bp has agreed to pay will be used to restore the environment in the gulf. we'll be right back with a tense exchange that just took place with some developing news actually in a hearing on the benghazi attacks. we'll play that for us right after this quick break. d also cs by making it without 100% real cheddar cheese. but then...it wouldn't be stouffer's mac & cheese. just one of over 70 satisfying recipes for one from stouffer's. a wit takes some doing.sn't just happen. some coordinating. and a trip to the one place with the new ideas that help us pull it all together. from the things that hang and shine... ...to the things that sparkle and jingle. all while saving the things that go in our wallet. more saving. more doing. that's the power of the home depot. create a musical light show with the maestro mouse voice- activated ornament. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't kno
do them. based on what we think the macroeconomic environment is going to do. >> so you were at that meeting at the white house this week. you joined a number of ceos at the white house yesterday. did the president give you hope that layoffs can be avoided at aetna? how was that meeting? >> i thought the meeting was a very constructive, very frank and open dialogue. i was impressed with the level and the grasp of the issues that the president had and his willingness to listen to american business about the ways that we needed to solve this problem. i think there is is a path to get this done. it's not going to get all done before the end of the year. but i think our message to the president was we're here to support you if you can avoid the cliff and put together a very specific framework on how we're going to get the economy going. because going over the cliff creates more joblessness. and if we can avoid that, we still don't grow the economy in 2013, so we need to show the business community, and quite frankly, all americans, that we have a plan to deal with this deficit so
to your population is, you have to manage expectations of these kinds of environments because the frustration of your population outweighs the progress, then it's difficult to be able to show that there is something that has actually been done to say that this is what we have accomplished a bad thing that is the kind of thing. >> time may not be on the side. very quickly. >> well, he talked about the problem with sequencing. we mentioned in our report. the curate catch-22 and securities sector reform is you need democracy, and you need security sector reform for democracy. how to manage this paradox to let this catch-22 is a central question. in that regard you cannot achieve everything quickly, and if you go after the most entrenched forces you will be tremendous resistance. we saw that in tunisia. at one of the things i . out that think is very much true for both countries and to some extent for libya, even though we have the absence of the state, is to push the democracy process forward. in institutional and constitutional process because you cannot move and the deeper issu
'd be inclined to sell. >> yea. i think the important thing is that it's not the same environment as the summer. in the summer we had a big euro downtrend. we didn't know what the ecb would do. ecb's there now to provide back steps so the moves will be somewhat smaller and that means you'll have to be careful with the entry point and if you have a spike it would sell out again. what kind of spike are we talking about? 129 or so? >> and walk us through the levels there on a possible trade. >> yea. so if we have a spike up to 1.29, you can trade it down to 1.26 and it's a good risk reward. >> it's good to see you. jens nordvick. be sure to catch "money in motion" at 5:30 eastern time and check out "currency class" at "money in motion." that trade is getting more interesting, that's for sure. >> financials bouncing back a bit today after a big sell-off yesterday. one of the street's top analysts mike mayo here to tell us which banks are worth investing in. that's ahead on "squawk on the street." or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you
sorts of things. but also along with training them, you have to create an institution and environment were you see guys going to happen and it's not necessarily a career ender when it happened. but we are working on it and i think we've gotten better because it's absolutely essential that we do. briefly in the demographics, one of the things i noticed was about 70% are public diplomacy dollars were spent if you do it demographically on an over the age we flipped out because looking at the world and the way it is, the fact of the matter is you have a far better opportunity employment being a planting seeds of the younger demographic, paul said it is difficult when someone reaches 40, 50, 62 change their perception of their ideas. when they are younger you have an ability to do it. if we can have a good conversation with a young girl in pakistan, 15 or 16 years old, she will be able to change the perception of the united states and her family and her community and away we never could. so it's a wise estimate, not just for the future, but frankly for right now. >> so with a clash of tech
affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> we have breaking news out of arizona. jared lee loughner that killed six, wounded 13 in tucson in january of 2011, he has now been sentenced to life without parole. what you are looking at here, a number of vicks of that fateful day outside that grocery store in tucson. people shot including the now congressman ron barber taken the seat of former congresswoman giffords. he was there that day, shot in his leg. let's listen in. >> i have to say how grateful we are to the victims services that with the u.s. attorney's office, particularly sean cox with us all the way and of the county attorney walters. one of the if not the most outstanding victims services program in the c
environmentings. but i don't believe, my gut tells me there wasn't necessarily a breach of classified information in terms of broadwell's access to petraeus. jenna: mike, would you stay with us, we've got to take a quick commercial break, about now the person who is running the cia and our national security now at this point in our nation. o we'll be right back with mike and more "happening now". [ male announcer ] only polaris delivers the ultimate combination of power, suspension and agility. the only trail capable side-by sides, featuring the ultimate value, r 570. the only 4-passenge sport machines, led by the all-new rzr xp 4 and the undisputed king of high performance, rzr xp. razor sharp performance. only from polaris. get huge rebates on 2012's and low financing on all models during the polaris holiday sales event. jenna: mike baker back with us, former cia operative. mike, we wake up this week anew, right? we had one of the most decorated, well respected military officers at the head of our cia at this time last week, and now we don't. who's the temporary guy that's taking control of the
, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which
environment and economic factors are making things somewhat difficult for our customers and that's why we're getting to those numbers. the stock had come in and it's going to again today. >> a lot of investors are thinking that this gigantic move and pull back appropriately to some average and was ready to blast off. look, you've got target nipping, you've got dollar tree reporting good numbers today. walmart had a great move. and now its great move i think has run its course. >> an amazing chart, if you go back to walmart stocks, the dip in the stock, it was the bryberry bottom for this quarter. i don't know if we're setting up for something better than anticipation but the head of u.s. walmart said november sales started ahead of plans. and they have got some extra sales thanks to lay away which has been a very popular program for retailers of late. >> we used to get monthly comps from all these retailers. >> those were the old days. >> i think the problem with wam mart, frankly is, the stock was acting as if it was going to put target numbers up. pets smart reported the best numbers of
to the attacks? what was our assessment, our united states assessment, of the environment and the conditions on the ground and had we in advance positioned the right resources to mitigate risk and to make sure that we could handle those known possibilities? >> all right. general marks, thank you very much. appreciate it. i want to go back to the attacks on israel and gaza. the u.n. security council now holding an emergency closed door session about the crisis. member nations called for this. maximum restraints so the situation does not deteriorate any further. the big fear is that the escalating violence could echo the 2008 war that led to israel's land invasion of gaza. the year-long war killed some 1,400 palestinians and israeli. fred joining us from jerusalem. fred, first of all, we saw the israeli prime minister benjamin netanyahu speaking earlier about the escalating violence, the tension here. here's what he said. >> no government would tolerate a situation where nearly one-fifth of its people live under a constant barrage of rockets and missile fire, and israel will not tolerate this
Search Results 0 to 49 of about 52 (some duplicates have been removed)